2081 Ridge Rd Minooka, IL 60447
- Commercial real estate
- 8,080 SF
- 0.98 lot acres
Current Use by Public Records
- Fox River Foot & Ankle Center / Doctor / Medical Office
- Fox H Craig DPM / General Practitioner
- ATI Physical Therapy / Physical Therapy Clinic / Rehabilitation Center
- Minooka Phys The / Corporate Office
- Dunkin' / Coffee Shop / Bagel Shop
Property Details for 2081 Ridge Rd
- Year built
- 2007
- Lot size
- 0.98 lot acres
- Property size
- 8,080 SF
- Property type
- Commercial real estate
- APN
- 03-14-476-011
- APU
- 314476011
Description
This exceptional 2,000 square foot Class A retail space, located at 2081 Ridge Rd, Minooka, IL 60447, presents a unique investment opportunity. Situated in a vibrant strip center, this single-tenant property benefits from its outlot position adjacent to a Jewel grocery store, drawing significant traffic from both Minooka and Channahon. Boasting over 14,000 vehicles daily, this high-visibility location ensures maximum exposure. The property is part of a dynamic tenant mix including established brands like Culver's, Dunkin', AutoZone, ATI, AT&T, and the soon-to-open Popeyes, creating a thriving commercial hub. Recent improvements include a newly paved parking lot, upgraded LED lighting, and planned landscaping enhancements, creating a modern and attractive environment. Easy access and high visibility along a main thoroughfare guarantee prime exposure to both vehicular and pedestrian traffic. This property is ideally suited for a variety of retail or restaurant concepts seeking a strong presence in a growing community. The property is located in Grundy County and offers excellent accessibility and visibility. This is a rare opportunity to establish a business in a high-traffic, well-maintained center within a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,465,000
- 6.5%
- $5,880,000
- 7%
- $6,300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,655,000
- Geo Method
- $6,240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,170,000
- Retail
- $6,690,000
- Mixed-Use
- $5,425,000
- Hospitality
- $6,745,000
- Educational
- $6,375,000
- Residential Income
- $7,155,000
- Energy
- $6,870,000
- Income-Based Land
- $6,015,000
- Food Service
- $5,480,000
Location Insight
- Map
- Local Demand
- City
- Minooka
- County
- Grundy
- State
- Illinois
- Longitude
- -88.2707
- Latitude
- 41.4201
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA